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Sunday, August 23, 2026
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Taking Advantage of the the Stock Market to Boost State Revenues

May 22, 2020

By Behnam Mohammdi

[aesop_image img=”https://kayhanlife.com/wp-content/uploads/2020/05/09.52.33.jpeg” panorama=”off” align=”center” lightbox=”off” captionsrc=”custom” captionposition=”left” revealfx=”off” overlay_revealfx=”off”]

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  • #Banking and Finance
  • #Corruption
  • #Economic mismanagement/Iran
  • FATF
  • IRGC
  • Khamenei
  • Tehran Stock Exchange
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CAIRO/WASHINGTON, Aug 22 (Reuters) – The United St CAIRO/WASHINGTON, Aug 22 (Reuters) – The United States and Iran exchanged defiant messages ahead of Monday’s scheduled announcement of new U.S. economic sanctions that could impact the Islamic Republic and Tehran’s most important trading partners including China.

As the war neared six months old, the two sides were not exchanging fire but also not pursuing peace talks. All the while, oil shipments through the Strait of Hormuz have virtually halted as Tehran clings to its leverage by threatening to strike any unauthorized oil tankers that attempt to transit the narrow waterway.

U.S. Treasury Secretary Scott Bessent will hold a press conference at 2 p.m. EDT (1800 GMT) on Monday amid promises to reveal “the toughest sanctions in history” on Iran while also urging China to cooperate with Washington. China buys more than 80% of Iran‘s shipped oil, according to 2025 data from analytics firm Kpler. Beijing urged diplomacy.

Iran‘s Foreign Ministry spokesperson Esmaeil Baghaei said on Saturday that the imminent U.S. announcement of new economic sanctions on Iran was an “assertion of extraterritorial sovereignty over every independent member state of the United Nations.”

“Such secondary sanctions find no foundation in international law,” he said in a post on X.

U.S. President Donald Trump, who has warned of economic consequences against any country that provides “any type of lifeline to Iran,” said on Friday that Washington was observing “what happens” in the conflict.

“They would love to make a deal, but they’re not ready to make the right deal, in my opinion,” Trump said of Iran.
Aug 22 (Reuters) – Two U.S. tanker aircraft have l Aug 22 (Reuters) – Two U.S. tanker aircraft have left Bulgaria’s Bezmer air base, Bulgaria’s defence minister said on Saturday, nearly a month after their deployment in the Balkan country angered Iran.

The United States, which has been at war with Iran since February 28, requested their temporary deployment under an agreement governing the joint use of military facilities.

Iran said at the time that their deployment would constitute complicity in “aggression and war crimes”, a charge that Sofia dismissed.

The two U.S. Air Force KC-135 planes left Bulgaria on Friday, Defence Minister Dimitar Stoyanov told reporters.

The U.S. authorities could not be immediately reached for comment.

The deployment of the aircraft, approved by Bulgaria’s parliament on July 22, led to protests by nearby residents who feared the planes would be attacked by Iranian missiles and drones.

Stoyanov said all the aircraft’s flights during their temporary deployment had been training missions over allied countries and that Bulgaria had “no information about direct threats to our national security.”

“We are working in full coordination with the U.S. government and had prior information, which is why all our decisions were well-founded,” he said.

(Reporting by Aleksandar Vasovic, Editing by Timothy Heritage)
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By Fred Parvaneh (@fredparvaneh) Aug 21 - Ritmo M By Fred Parvaneh (@fredparvaneh) 
Aug 21 - Ritmo Mundo, the Beverly Hills based independent watch brand founded by Ali Soltani, has been selected as an Official Timepiece Licensee of America250™️, and is marking the occasion with a new Limited Edition America 250 watch.

The designation caps more than two decades of work for Soltani, who moved from a legal career and leadership role at the Rodeo Drive retailer David Orgell into building one of the longest-standing independent watch companies in the United States — one whose clientele has included numerous Hollywood celebrities and that has been featured across a wide range of television shows, films, sporting events, and organizations.

Kayhan Life recently spoke to Ali Soltani about his brand’s selection for America250,

Ritmo Mundo was selected as an Official Timepiece Licensee of America250™️. What does that distinction mean to you? How did the relationship with America250 begin, and what qualities do you believe distinguished Ritmo Mundo from other watch brands?

Continue reading the free article on kayhanlife.com

@ritmomundo @alisoltani 
#ritmomundo #kayhanlife
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